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  • Economics of Oil Futures Trading, Part I
    your article is absolute crap, really! You claim a PhD but you obviously have no clue about futures and commodities markets. And given your recent articles on economic matters (inflation, unemployment) thze same applies to general economics.
    it is easy to talk in abstract terms about 'rising demand' and 'diminishing supplies' but when these are cited to prove something like causes for price movements one would think that a PhD couid come up with real, hard numbers and facts.
    the same applies to the numbers behind money inflows into commodities markets. you simply ignore them - and then you call the article 'economics of oil futures'
    I rest my case
    Jun 17 07:07 am |Rating: +1 0 |Link to Comment |View article
  • Overstock.com: Patrick Byrne's Tenuous Grasp of Reality
    Herb, you are surely one of the most blatant story-cookers out there.
    "feeling sorry" for Byrne? No need, Herb. His conscience, I am 100% sure, is pure and clear. In this regard, you may start feel sorry for yourself. If there is any self respect and conscience left with you at all, that is.
    May 13 03:51 am |Rating: +1 0 |Link to Comment |View article
  • 14 Beaten-Up Financials That Now Offer Real Value
    sorry, but this list is crap! After lehman#s collapse the financial world has changed rapidly for the worse.
    I would not count on ANY insider purchases prior to Mid/End September! they were made in a different world following different assumptions.
    and you will notice that aftef end of august hardly ANY insider bought a single share in the companies on your list.
    go figure.
    Oct 27 05:16 am |Rating: 0 0 |Link to Comment |View article
  • Why Stock Market Volatility Is Perfectly Natural
    feix, this is not volatility. this is selling on a grand scale. mass-liquidation. and it has little to do with fundamentals anymore.. the same with corporate bonds, btw. lots of people want to or are forced to exit their positions - at almost any price.
    thisa is going to stay here for at least 2 more months imho. yes, fears and uncertainties about economy play a role, too. but only a secondary one.
    people simply search for reasons - 'there must be some fundamental reason for the low stock/bond prices'. Yes and no. there isn'tnot for THESE low prices of many (not all) stocks and bonds. except if you expect a complete collapse of the world economy. but then again - the prices of all stocks and bonds are still way too high.
    so, markets try to price the probabilty of survival and of armageddon. the human brain cannot think in terms of probabilities. it cannot handle a 70% chance or a 80% or 90%. so you have these wild swings and you have all this liquidation going on.
    where will it sto?
    i have no clue. it may right here. or 20% lower, or 60% lower. wtf do i know? wzhat i do know though, is that economic armageddon has perhaps a 5% probability. so with 95% probability, most bonds and many stocks will be much much higher a year from now
    Oct 23 03:52 am |Rating: 0 0 |<